Many Saudi investors want to start a new investment activity in the United Arab Emirates, so we decided to talk in this article about investing in the Emirates for Saudis, its conditions, the facilities provided by the government to Saudis, new ideas for making a profit in investment. Continue reading the article for more details.
Is investment in the Emirates allowed for Saudis?
Yes, certainly investing in the Emirates is allowed for the Saudis, especially since there is a close relationship between the two countries, with a mutual endeavor to enhance economic cooperation between them. In addition to many laws that were recently concluded to facilitate investment in the Emirates for Saudis.
The most important investment areas in the Emirates for Saudis
There are many attractive places to invest in the Emirates for Saudis, the best of which are the following:
- Dubai: It is self-evident that Dubai is at the top of the list, as the rapid pace of the city’s development has become striking at the international level. Dubai is distinguished by the diversity of investments in it, in addition to an exceptional competitive environment among foreign investors.
- Abu Dhabi: One of the best options to start investing in the energy and oil sectors, not to mention the wonderful investment opportunities therein.
- Sharjah: Sharjah is classified as one of the UAE’s vibrant trade arteries. The industrial revolution in this region made many Saudi investors take it as a starting point for their investment in the Emirates.
- Ras Al Khaimah: Manufacturing and maritime transport industries are the most distinctive feature of Ras Al Khaimah, so it is very suitable for starting a very profitable investment there.
- Ajman: It is also one of the cities that offers various investment opportunities for foreigners.
The most important conditions for investment in the Emirates for Saudis
Conditions for investment in the Emirates for Saudis are:
- First, the company’s business activity should be determined.
- The type of company, its orientation, the size of its work, and its capital must also be clarified.
- Reserve and register the company’s trade name.
- Initial approval certificate.
- Then the company’s articles of incorporation are prepared and prepared.
- You must also obtain all necessary approvals from the government.
- Obtaining a commercial license.
The most prominent investment facilities in Dubai for Saudis
A country the size of the UAE enjoys remarkable political and economic acumen. It is no secret that providing facilities to Saudi investors pushes the wheel of investment development at a more rapid pace. Therefore, we will explain the most important facilities provided to Saudi investors in Dubai, which are:
- Any investor coming from the Kingdom of Saudi Arabia receives a reduction in land rents in Dubai by up to 15%.
- Facilitating air transport between Saudi Arabia and the UAE by establishing a joint air line between the two countries.
- Facilitating the maritime transport process between the two countries through discounts at Abu Dhabi ports for Saudis.
- Exempting Saudi investors from fees related to chambers of commerce.
- Providing facilities for Saudis to purchase lands in Dubai.
How much money is required to invest in the Emirates?
In fact, the answer to this question depends on the type and size of investment that the investor wants to start with. There are projects that require huge capital, and there are other projects that do not require huge amounts of money, but there are some basic points that we will highlight, which will be sufficient to answer your question.
- If you want to start a business in Dubai, the minimum required amount is 11,900 AED to obtain a free zone company license and without office space.
- In order to obtain a business license with a large office space and one visa quota, the minimum is AED 17,900.
- And if you wish to create a limited liability company with a commercial license, the minimum amount will be AED 30,000.
- The choice of office space is up to the investor, who determines it according to the nature of his activity and the size of his work, noting that prices vary according to the space.
Some ideas for profitable investment projects in the Emirates
We talked in a previous article about the best ways to invest in Dubai with small amounts and large amounts. You can take a look at the article to learn about the types of investments you can start with. Note that the ideas presented in the article are compatible with other cities as well, not just Dubai.
Tips to be a successful Saudi investor in the UAE
These are some tips in order to be successful as a Saudi investor in the UAE:
- Study the market before starting to invest
- Building a network of relationships
- Legal and financial advice
- Investing in real estate
- Benefit from government incentives
- Cooperation with local partners
- Monitor economic developments
Why do you need a Tdabeer company?
Because we will provide you with the following services through a network of professional specialists in company establishment work in the Emirates, we will carry out the establishment work from beginning to end, which are:
- Registering the company’s trade name after determining it.
- Registration of commercial licenses.
- Trademark registration.
- Drafting and editing all required legal contracts.
- Clearing residency procedures for foreign investors.
- Opening bank accounts.
- Finishing all legal procedures for establishing and registering the company.
With these services, we are certainly ready to answer all your inquiries. All you have to do is contact us…we are waiting for you.
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